Global hospitality group Accor has announced that it has sealed a partnership deal with Al Qimmah Hospitality, a subsidiary of Bin Dawood Investment Company, to develop a portfolio of more than 4,000 keys across Saudi Arabia, including an 850-room Novotel property in Makkah.
Technip Energies, a leading engineering and technology company for the energy transition, has secured a significant contract from Indian group Larsen & Toubro Energy Hydrocarbon (LTEH) to provide detailed engineering services for a major ADNOC Offshore project.
New Murabba, a unit of sovereign wealth fund PIF and the master developer of Riyadh’s modern downtown, has signed an agreement with Almana Medical Group to develop a 200-bed general hospital within its mega Saudi destination at a total investment of SAR1 billion ($266 million).
Periods of market uncertainty have historically created some of the strongest long-term investment opportunities in Dubai's real estate market, according to Nisus Finance, which believes the UAE's strong macro-economic fundamentals, resilient regulatory environment and sustained population growth continue to support long-term investor confidence.
Legend Robot has previewed the regional adaptation of its interior painting fleet set to be unveiled at the upcoming Big 5 Construct Saudi.
Abu Dhabi’s residential property sales values climbed 178% year-on-year to reach AED67.8 billion ($18.46 billion) in H1 2026, says leading real estate advisory and property consultancy, Cavendish Maxwell.
Dubai saw a 37.4% year-on-year increase during the first half of this year in the number of licensed buildings, reflecting continued momentum in urban development and sustained confidence in Dubai’s real estate market, according to Arabian Gulf Properties.
The UAE real estate market continues to evolve towards a more balanced phase following an extended period of exceptionally strong growth, supported by market fundamentals, ongoing investment and economic diversification initiatives, says a Colliers report.
The International Code Council (ICC) will facilitate industry professionals better understand the regulatory landscape and navigate the practical requirements of the Saudi Building Code (SBC) during its participation as an exhibitor at Big 5 Construct Saudi 2026.
McDermott has secured a mega engineering, procurement, construction and installation (EPCI) contract from Adnoc for Package 4 of the Umm Shaif Integrated Gas Cap and Surface Pressure Boosting Project.
